Victory! AHF, 100 Organizations Kill Gilead’s Greedy Drug Price Hikes

Carbonatix Pre-Player Loader

Audio By Carbonatix

WASHINGTON--(BUSINESS WIRE)--Oct 29, 2025--

AIDS Healthcare Foundation (AHF) was victorious killing Gilead Sciences’ plan to institute high-single digit price hikes for several of its HIV medications, hikes that would have gutted the nation’s AIDS Drug Assistance Programs (ADAPs).

Last week, following months of negotiations between Gilead and state ADAP programs, AHF sent a letter signed by over 100 organizations nationwide to Gilead CEO Daniel O’Day demanding the company hold off on the proposed hikes. The following day, Gilead announced that it had agreed not to boost prices on its key HIV medications, according to STAT News.

ADAPs, a national network of state AIDS drug programs, are a lifeline for low-income patients. The price hike would have meant ADAPs would have furnished fewer prescriptions to those most in need.

Unfortunately, Gilead’s initial decision to make life-saving therapeutics more expensive for ADAPs was not a one-off but follows a pattern under the leadership of Gilead’s CEO, Daniel O’Day.

O’Day ruthlessly seeks to boost profits by restricting access to Gilead’s HIV medicines. From patent manipulation to curtailing patient assistance programs, O’Day has proven that drug giants do not need to innovate to make money. Under his tenure, Gilead has put up multiple roadblocks to make it harder for medically underserved Americans to attain their medications. O’Day has had one goal – maximizing profits of the older drugs in Gilead’s portfolio instead of investing in the breakthrough HIV therapeutics of the future.

AIDS Healthcare Foundation (AHF), the world’s largest HIV/AIDS healthcare organization, provides cutting-edge medicine and advocacy to more than 2.6 million individuals across 49 countries, including the U.S. and in Africa, Latin America/Caribbean, the Asia/Pacific Region, and Eastern Europe. To learn more about AHF, visit us online at AIDShealth.org, find us on Facebook, and follow us on Instagram, Twitter, and TikTok.

View source version on businesswire.com:https://www.businesswire.com/news/home/20251029051189/en/

CONTACT: MEDIA CONTACTS:

John Hassell, AHF National Director of Advocacy

1.202.774.4854 [email protected] Kenslea, Sr. Director, Communications, AHF

1.323.791.5526 [email protected]

KEYWORD: CALIFORNIA DISTRICT OF COLUMBIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: INFECTIOUS DISEASES ADVOCACY GROUP OPINION PUBLIC POLICY/GOVERNMENT AIDS WHITE HOUSE/FEDERAL GOVERNMENT HEALTH PHARMACEUTICAL PUBLIC POLICY OTHER POLICY ISSUES

SOURCE: AIDS Healthcare Foundation

Copyright Business Wire 2025.

PUB: 10/29/2025 04:11 PM/DISC: 10/29/2025 04:11 PM

http://www.businesswire.com/news/home/20251029051189/en

 

Trending Videos

Salem News Channel Today

Sponsored Links

Trending Videos

On Air & Up Next

  • New Focus on Wealth
    5:00PM - 6:00PM
     
    Each day Rob Black and CFP Chad Burton will filter through the “noise” on Wall   >>
     
  • Bloomberg Businessweek
    6:00PM - 8:00PM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • Investor's Edge
    8:00PM - 9:00PM
     
    Gary Kaltbaum is a hard hitting and pull-no-punches host especially when it   >>
     
  • InvestTalk with Justin Klein and Luke Guerrero
     
    InvestTalk™ serves as your go-to educational platform to delve into the   >>
     
  • New Focus on Wealth
    10:00PM - 11:00PM
     
    Each day Rob Black and CFP Chad Burton will filter through the “noise” on Wall   >>
     

See the Full Program Guide